Gold can still fall further but exercise caution before selling
Hello traders! In my last week's Gold trading ideas, I recommended selling Gold@1902.
If you followed the idea, you made a killing when Gold dropped to 1875.
(Previous idea attached below for your reference)
Currently, from the long term perspective, I still see a chance of further drop in Gold. But,
I do not recommend opening sell trades at the current market price.
If you are already followed my previous ideas and holding multiple sell positions from above
1902 level, then you can keep some of your sells open for 1850 target.
Fresh sells can be executed when price reaches at least 1895 region again just to be safe.I will
keep updating the idea in case I find a better entry price.
If you followed the idea, you made a killing when Gold dropped to 1875.
(Previous idea attached below for your reference)
Currently, from the long term perspective, I still see a chance of further drop in Gold. But,
I do not recommend opening sell trades at the current market price.
If you are already followed my previous ideas and holding multiple sell positions from above
1902 level, then you can keep some of your sells open for 1850 target.
Fresh sells can be executed when price reaches at least 1895 region again just to be safe.I will
keep updating the idea in case I find a better entry price.